The Block (@TheBlockCo): THE BLOCK: Jack Mallers' Strike launches protected, bitcoin-backed loans that allow users to avoid liquidation.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+50Positive
THE BLOCK: Jack Mallers' Strike launches protected, bitcoin-backed loans that allow users to avoid liquidation. Regardless of how far bitcoin's price drops, collateral remains "untouched" as long as payments are kept current, the firm says.